UUUU is trading 3% up today at $17.28, rebounding from a sharp selloff triggered by a significant earnings estimate downgrade.
- The stock faced heavy pressure yesterday after Zacks Investment Research slashed its current-year earnings estimate by 147.1% and assigned the stock a Sell rank.
- Todayβs upward move is viewed as a partial recovery from that downgrade-driven weakness rather than a response to new company-specific news.